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  • Specialty retailer exploring options

    Eddie Bauer LLC could be for sale.   The retailer has hired investment banks Guggenheim Partners LLC and Financo LLC to explore strategic alternatives, including a potential sale, Reuters reported. The debt-laden company is seeking relief from a $225 million term loan due in 2020 and $200 million revolving credit line that comes due in 2019, the report said.  
  • Bebe winds down brick-and-mortar operations

    It’s closing time for Bebe Stores.   The struggling apparel retailer said on Wednesday, June 7, that it reached agreement with substantially all of its retail store landlords to terminate their existing leases. The cost to terminate the leases is estimated to be approximately $65 million.  
  • Consortium makes ‘stalking horse’ bid for upscale fashion retailer

    BCBG Max Azria Group LLC is getting a shot at keeping its brand alive.  
  • Trending Stores: Eloquii, The Fashion Centre at Pentagon City, Arlington, Va.

    Online plus-size fast-fashion retailer Eloquii is testing its first physical location, a pop-up shop in the Washington, D.C. area.  
  • Bankrupt Gander Mountain acquired

    The largest U.S. chain dedicated to recreational vehicles and a group of liquidations have come together to thrown a lifeline of sorts to outdoor retailer Gander Mountain.   
  • Albertsons adds new exec position

    Albertsons Companies has appointed Wayne Denningham, currently executive VP and COO, to the new role of president and COO for Albertsons Companies. Denningham will continue to lead store operations with added oversight of marketing & merchandising, supply chain, manufacturing, and integration, all of which will continue under their current leadership.  
  • Yelp is launching delivery by robots

    A social media player is getting in on the robot delivery game.    Through a partnership between Yelp and robot delivery startup Marble, customers in San Francisco’s Mission and Potrero Hill neighborhoods will soon receive their Yelp Eat 24 deliveries via rovers, according to ReCode.   When a customer places an order, they may receive a notification with the chance to opt-in for a robot delivery.   
  • Consumer electronics retailer to close all stores

    The going-out-of-business sales have started at Hhgregg.   The bankrupt retailer began liquidating its assets on Saturday, April 8, after failing to find a buyer. The chain said it expects to close all of its 220 stores by the end of May.  
  • Luxury retailer taps Bergdorf Goodman exec to lead brand growth

    Coach Inc. has tapped a 26-year fashion veteran to lead the company as its expands its brand portfolio.   Joshua Schulman has been named president and CEO of the Coach brand, effective June 5. In this newly created role, Schulman will be responsible for all aspects of the brand globally, reporting directly to Victor Luis, CEO of Coach, Inc. This new leadership structure follows the 2015 acquisition of Stuart Weitzman, and is an important step in Coach, Inc.’s evolution as a customer-focused, multi-brand organization, the retailer said.
  • How Can Retailers Thrive in Review-First Shopping?

    Online reviews have boomed in recent years. Once just another step in the customer decision-making process, they are now a pervasive part of daily life.  
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